Job Description
Company Information
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of $24 billion and 75,000 employees in 50 countries. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. Our four premier brands - Life Technologies, Thermo Scientific, Fisher Scientific and Unity Lab Services - offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. For more information, please visit www.thermofisher.com.
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Job Summary
This position plays an integral part in developing and implementing sourcing strategies for the buying desk. Will be responsible for executing spot buys, sourcing events, and projects-related activities for mechanical and electrical categories.
Key Responsibilities
- Execute one-time or low-complexity sourcing requests as part of the Procurement Excellence Buy Desk
- Gather and analyze data using procurement spend analytics tools
- Work with Market Intelligence team to research and identify potential suppliers for sourcing requests.
- Perform basic cost and scenario analysis to analyze supplier bids
- Research potential vendors, develop and execute RFP for spend less than $1M per annum.
- Partner with stakeholders to ensure clear requirements documentation is translated to RFP and contracts as appropriate.
- Perform cost and scenario analysis, and benchmarking to inform sourcing strategy.
- Negotiate contract terms of agreement and pricing delivering with suppliers and record annual P&L savings.
- Provide mentorship and guidance to junior sourcing generalists on category-specific requirements.
Competencies
Functional & technical skills
• Experience with sourcing process, vendor management, contract negotiations and procure to pay operations
• Expertise in sourcing tools (e-sourcing, spend analytics, ERP, supplier management software)
• Negotiation skills - will need to solicit bids and negotiate purchases directly with suppliers
• Breadth of experience across Direct and Indirect Sourcing categories
Leadership & Behavioral
- Agility and flexibility to develop expertise across sourcing categories in areas complementary to the existing team
- Desire to grow and develop as a sourcing specialist and develop category expertise across Direct portfolios (e.g., Electrical, Mechanical, Packaging or Chemicals)
- Thrive in an entrepreneurial environment - a self-starter who looks for ways to improve existing processes
- Strong customer service orientation, keen to deliver on internal customer needs
- Independent worker with the ability to track and manage own deadlines
- Ability to gather, interpret, and analyze data to inform sourcing decisions.
- Desire to mentor and coach junior team members
Experience & Qualification
- 3+ years of procurement experience within Direct categories (e.g., packaging , chemicals, electrical, mechanical, electromechanical)
- Proven working experience as a buyer, senior buyer, purchasing specialist agent, or officer.
- Must have a degree in supply chain management, operations business administration or engineering.
- High level of English language competency (verbal and written)